H.J. Heinz Co. (HNZ) reported third quarter adjusted EPS of $0.95 Friday morning, which topped the consensus estimate of $0.86. The company now expects to report full year 2012 EPS between $3.32 and $3.34, compared to the consensus estimate of $3.32.
H.J. Heinz gapped up sharply Friday, but traded in a range for the majority of the session. Shares finished up by 2.37 at $54.47, with volume at a 5-month high. The stock closed challenging resistance, trading at a month and a half high.
by RTT Staff Writer
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